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46 U.S.C. § 53517 - U.S. Code - Unannotated Title 46. Shipping § 53517. Reports

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) In general.--Within 120 days after the close of each calendar year, the Secretary of Transportation and the Secretary of Commerce each shall provide the Secretary of the Treasury a written report on the capital construction funds under the particular Secretary's jurisdiction for the calendar year.

(b) Contents.--The report shall state the name and taxpayer identification number of each person--

(1) establishing a capital construction fund during the calendar year;

(2) maintaining a capital construction fund on the last day of the calendar year;

(3) terminating a capital construction fund during the calendar year;

(4) making a deposit to or withdrawal from a capital construction fund during the calendar year, and the amount of the deposit or withdrawal; or

(5) having been determined during the calendar year to have failed to fulfill a substantial obligation under a capital construction fund agreement to which the person is a party.

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Cite this article: FindLaw.com - 46 U.S.C. § 53517 - U.S. Code - Unannotated Title 46. Shipping § 53517. Reports - last updated January 01, 2024 | https://codes.findlaw.com/us/title-46-shipping/46-usc-sect-53517/

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